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Santa Fe South Housing Market Report April 2025•Santa Fe County, New Mexico
Housing Prices in Santa Fe South, NM
How much do homes in Santa Fe South, NM cost?
Housing Market Conditions
Is Santa Fe South, NM a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Santa Fe South is a Seller's Market
Difference Since April 2024
Since last year, Santa Fe South has remained a Seller's Market.
Insight
Santa Fe South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$690,000$340/SqFt
+$20,761
+3.1%
Based on all homes sold in the last 12 months
Insight
Homes in Santa Fe South have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Santa Fe South was $690,000 in April 2025, up 3.1% from last year, and the median price per square foot was $340.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Santa Fe North | $745K | $800K | +7.4% |
| Santa Fe South | $669.2K | $690K | +3.1% |
| Lamy | $930K | $957.5K | +3.0% |
| Santa Fe | $621.4K | $638.4K | +2.7% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $353.7K | $384.5K | +8.7% |
| 22 Bedrooms | $519K | $511K | -1.5% |
| 33 Bedrooms | $668.7K | $694.9K | +3.9% |
| 44 Bedrooms | $800.5K | $810K | +1.2% |
| 55+ Bedrooms | $1.1M | $985K | -14.3% |
Summary: Santa Fe South housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.7%. The home price for 2 bedroom homes decreased by -1.5%. The home price for 3 bedroom homes increased by +3.9%. The home price for 4 bedroom homes increased by +1.2%. The home price for 5 bedroom homes decreased by -14.3%.
How does Santa Fe South, NM compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Santa Fe South, NM
Housing supply in Santa Fe South, NM
How many homes are available in Santa Fe South, NM?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 306Last MonthApr 2025 | ||
| 2772 months agoMar 2025 | +10.5 % Change MoMMar – Apr |
Summary: The Santa Fe South real estate market had 306 homes for sale in Apr 2025, a 10.5 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 56Last MonthApr 2025 | ||
| 492 months agoMar 2025 | +14.3 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 7 | 6 | -14.3% |
| 22 Bedrooms | 34 | 35 | +2.9% |
| 33 Bedrooms | 158 | 172 | +8.9% |
| 44 Bedrooms | 66 | 74 | +12.1% |
| 55+ Bedrooms | 12 | 19 | +58.3% |
Summary: Santa Fe South housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -14.3%. The inventory for 2 bedroom homes increased by +2.9%. The inventory for 3 bedroom homes increased by +8.9%. The inventory for 4 bedroom homes increased by +12.1%. The inventory for 5 bedroom homes increased by +58.3%.
Asking Price vs. Sold Price
How much do homes in Santa Fe South, NM cost?
Over Asking Price4 Homes
At Asking Price10 Homes
Under Asking Price42 Homes
Insight
If you're buying a home in Santa Fe South, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in Santa Fe South in April 2025, up by 14.3% month-over-month. Of the 56 sold homes, 75% were sold under asking, 18% were sold at asking, and and 7% were sold over asking.
Days on Market for Santa Fe South, NM
How long does it take to sell a home in Santa Fe South, NM?
Breakdown of Home Sale Times
Under 30 Days28 Homes
30 – 90 Days15 Homes
Over 90 Days13 Homes
Insight
Many homes in Santa Fe South are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 56 homes were sold in Santa Fe South; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 69 DaysThis YearApr 2025 | ||
| 59 Days1 year agoApr 2024 | +17.2 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Santa Fe South had an average listing age of 69 days in Apr 2025, up by 17.2% compared to the previous year.
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Newest Listings in Santa Fe South, NM
What homes are available in Santa Fe South, NM?
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MLS Disclaimers and Copyright
Based on information from Santa Fe MLS, Southwest Multiple Listing Service, MLS of Oklahoma, and MLS Technology Inc. for the period 05/01/2023 - 05/01/2025
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 7:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 7:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 12:59:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 7:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 7:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.